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Property profile & analytics
OFF-MARKET Estimated value $660,000
Industrial properties

238 Reservoir Rd Southbury, CT 06488-1963

12,080 SF 2 ac lot Built 1969
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US15-0207821
Property summary
AI-generated overview

This single-tenant industrial property at 238 Reservoir Rd offers 12,080 square feet of versatile space, ideal for manufacturing or warehousing operations. Currently, 6,000 square feet is available for lease. The building, constructed in 1960, sits on a 2-acre lot and features a single story with impressive 13' to 10' ceiling heights. Ample parking is provided via a fenced lot. The property boasts 400 amps of 120/208V power, ensuring sufficient capacity for various industrial needs. Its zoning designation, R-60/Industrial/Commercial, allows for a range of potential uses. This well-located property presents a significant opportunity for businesses seeking a functional and spacious industrial space. The existing building offers a solid foundation for immediate occupancy, with the potential for customization to meet specific operational requirements. The substantial available square footage and convenient parking make this an attractive option for companies seeking to expand or relocate their operations. The property's location provides easy access to key transportation routes, further enhancing its appeal to businesses prioritizing efficient logistics. Interested parties are encouraged to inquire for further details and scheduling a viewing.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1969
Construction STEEL FRAME
Total area 12,080 SF
Lot 2 ac (87,120 SF)
Zoning code R-60
APN SBUR M:46 B:5 L:16
UPID US15-0207821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ellis Builders LLC Roofing Company General Contractor
  • USA LED Lighting Solutions (Bike/Boat/Book/etc) Store Hardware & Home Improvement
  • A C 2000 Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$660k
Owner & transaction history
238 Reservoir Partners · 10 yrs held
238 Reservoir Partners
since 2016
1 recorded transaction
2016
$395,000
Zoning & alternative use
R-60 · Southbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +28.3%
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